Time-Warner eyeing bigger presence in Saudi Arabia, says CNN’s Rani Raad after meeting with Crown Prince

Rani Raad, President, CNN International Commercial & MD for Turner Middle East. (Supplied)
Updated 05 April 2018
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Time-Warner eyeing bigger presence in Saudi Arabia, says CNN’s Rani Raad after meeting with Crown Prince

  • Saudi Arabia's Crown Prince Mohammed bin Salman has been on a royal tour since the beginning of March that has taken him to Egypt, the UK and the US
  • During his visit to the US, he has had meetings with Amazon’s founder and CEO Jeff Bezos, as well as Bill Gates
London: Time-Warner wants to bring more of its brands to Saudi Arabia, a top network executive told Arab News after a meeting with Crown Prince Mohammed bin Salman.
The crown prince met with the US newscaster's regional president during his tour of the US where he met several other top US business leaders.
“It was a pleasure to spend time with the crown prince exchanging views and ideas around collaboration in the media sector across the Kingdom and beyond,” said Rani Raad, President, CNN International Commercial & MD for Turner Middle East..  
A slew of economic and social reforms is attracting intense interest from global media groups drawn to the country’s media-hungry youthful demographic.
Bloomberg is also boosting its presence in the Kingdom.
It has announced plans to provide financial training to young Saudis in universities as well as those already employed in companies.
The tie-up followed a meeting between Michael Bloomberg, the founder of Bloomberg and the crown prince in New York.
The non-profit MiSK Foundation, established by the crown prince to empower Saudi youth to work in the knowledge economy, is also helping to attract media interest in the Kingdom.
“We look forward to working with the Kingdom of Saudi Arabia in the future on many mutually beneficial initiatives and bringing more of our brands to the burgeoning Saudi market,” said Raad, who led the Time Warner delegation.
He reiterated that the visit comes “on the back of the strong partnership we have developed with MiSK.”


- Correction: An earlier version of this article mistakenly said 'CNN is eyeing a bigger presence in Saudi Arabia.' This has been corrected and updated to say 'Time-Warner' as the headline now currently suggests. 


Bulgaria: Killer of TV journalist gets 30 years in prison

Viktoria Marinova. (AFP)
Updated 58 min 55 sec ago
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Bulgaria: Killer of TV journalist gets 30 years in prison

  • Media watchdog Journalists Without Borders had accused authorities of trying to impede the inquest and sweep the crime under the carpet

SOFIA: A 21-year-old man was Monday sentenced to 30 years in prison for the brutal rape and murder of a Bulgarian television presenter, avoiding a life term after confessing to the crime.
Severin Krasimirov, also Bulgarian, was arrested in Germany where he had fled after assaulting and killing Viktoria Marinova on October 6.
A court in the northeastern Bulgarian city of Ruse also ordered him to pay 450,000 leva (230,000 euros, $259,000) to Marinova’s family.
Prosecutors said the crime was “linked to sexual motives and had no links to the profession of the victim.” They added that Krasimirov was under the influence of alcohol at the time of the “brutal rape.”
The court said Marinova, 30, was killed “in a particularly brutal manner” after being grabbed while jogging in an alley along the Danube.
She was due to present a new program in which she pledged to unveil serious cases of corruption.
Media watchdog Journalists Without Borders had accused authorities of trying to impede the inquest and sweep the crime under the carpet.